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From: =?UTF-8?B?Sm9yZ2UgVGltw7Nu?= <jtimon@monetize.io>
To: Mike Hearn <mike@plan99.net>
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Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>,
Lawrence Nahum <lawrence@greenaddress.it>
Subject: Re: [Bitcoin-development] instant confirmation via payment protocol
backwards compatible proto buffer extension
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On 6/16/14, Mike Hearn <mike@plan99.net> wrote:
> If they decide to change to something like highest-fee-always-wins, then
> they (again) centralise things by forcing all instant transactions to pay
> GreenAddress and its competitors money - much though I like your product
> Lawrence, let's hope they don't collectively lemming us all off a cliff by
> doing that ;)
Replace-by-fee doesn't imply the use of green addresses (there's other
solutions to 0 conf transactions in that context, for example,
"scorched earth"). And giving up the non-enforceable first-seen
default mining policy doesn't mean "giving up on the Bitcoin
experiment" either.
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